Question
3) If you won the lottery, and were told you would get $ 1,000.00 at the beginning of each month for 20 years, how much
3) If you won the lottery, and were told you would get $ 1,000.00 at the beginning of each month for 20 years, how much would that be worth to you today if you had discounted it at 5 % compounded monthly? _______________________
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
3rd Edition
0073382426, 9780073382425
